KE Holdings Inc (BEKE) Q2 2026 Earnings Call

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a040af-ae00-7cf1-98cb-d6ab204929b4 Created: 2026-08-27T00:47:33.162Z Duration: 4032 Channels: 1 00:00:00.000 -- 00:00:02.800 Hello, ladies and gentlemen. Thank you for standing 00:00:02.800 -- 00:00:05.680 by for KE Holdings Second Quarter twenty twenty 00:00:05.680 -- 00:00:08.000 six Earnings Conference Call. I am Mr. Ting 00:00:08.000 -- 00:00:10.880 Li, IR Director of KE Holdings. Please note 00:00:10.880 -- 00:00:13.920 that today's call, including the management's prepared remarks 00:00:13.920 -- 00:00:15.745 and Q and A session, will all be 00:00:15.745 -- 00:00:16.705 in Chinese. 00:00:17.025 -- 00:00:19.345 Simultaneous interpretation in English will be available on 00:00:19.345 -- 00:00:21.025 a separate line for the duration of the 00:00:21.025 -- 00:00:21.185 call. 00:00:29.850 -- 00:00:32.330 Today's conference call is being recorded. 00:00:32.570 -- 00:00:35.930 The company's financial and operating results were published 00:00:35.930 -- 00:00:38.010 in the press release earlier today and are 00:00:38.010 -- 00:00:40.489 posted on the company's IR website. 00:00:41.530 -- 00:00:43.530 On today's call, we have 00:00:44.375 -- 00:00:45.255 Mr. 00:00:45.735 -- 00:00:48.375 Stanley Peng, our Co Founder, Chairman and Chief 00:00:48.375 -- 00:00:51.975 Executive Officer and Mr. Cao Xu, our Executive 00:00:51.975 -- 00:00:53.255 Director and CFO. 00:00:53.415 -- 00:00:55.815 Mr. Xu will provide an overview of our 00:00:55.815 -- 00:00:57.655 business update and financial performance. 00:00:58.150 -- 00:01:00.150 Then Mr. Keng will share more on the 00:01:00.150 -- 00:01:02.310 progress of our strategic transformation. 00:01:02.870 -- 00:01:04.390 Before we continue, 00:01:04.550 -- 00:01:07.110 I ref...